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About the Role

This position assists Harvard Medical Faculty Physicians (HMFP) in developing accurate and timely monthly financial statements, ensuring all cash collections, accounts payable, deposits, journal entries, financial reports, and reconciliations are accurately completed.

Responsibilities

• Assists in the month-end close, including the production of accurate and timely financial statements on both an accrual and cash basis.
• Writes journal entries to record net patient service revenue, contract revenue, wages and benefits, and other revenues and expenses incurred by departments on a monthly basis.
• Responsible for the accuracy of all journal entries, enabling the production of accurate departmental and physician-level profit and loss (P/L) statements.
• Applies critical reasoning skills and professional judgment in reviewing balance sheet (BS) and PL balances and proposes additional entries as necessary.
• Maintains up-to-date and accurate monthly account reconciliations.
• Reconciles and maintains schedules supporting account balances based on source documentation.
• Proposes correcting entries as necessary.

Requirements

• Bachelor's degree required.
• 3-5 years of related work experience required.
• A strong understanding of the principles of accrual accounting.
• Must be a value-add contributor to the team with a strong work ethic and ability to be a self-starter; acts as a change agent to streamline and improve processes.
• Excellent attention to detail along with a grasp of the larger sense of the organization's financial activities.
• Advanced skills with Microsoft applications (Outlook, Word, Excel, PowerPoint, Access) and other web-based applications.
• Ability to make decisions guided by general instructions and practices requiring some interpretation.
• Ability to address problems that are varied, requiring analysis or interpretation of the situation using direct observation, knowledge, and skills based on general precedents.
• Ability to follow precedents and procedures; may set priorities and organize work within general guidelines.
• Ability to communicate clearly and effectively in written English with internal and external customers.
• Ability to comprehend and converse in English to communicate effectively with medical center staff, patients, families, and external customers.
• Ability to demonstrate full working knowledge of standard concepts, practices, procedures, and policies with the ability to use them in varied situations.
• Ability to work collaboratively in small teams to improve the operations of the immediate work group by offering ideas, identifying issues, and respecting team members.
• Ability to provide a high level of customer service to patients, visitors, staff, and external customers in a professional, service-oriented, respectful manner using skills in active listening and problem-solving.
• Ability to remain calm in stressful situations.
• Exerting up to 10 pounds of force occasionally in carrying, lifting, pushing, pulling objects.
• Sitting most of the time, with walking and standing required only occasionally.
• Must be vaccinated against influenza (flu) as a condition of employment.

Skills

• Microsoft Outlook
• Microsoft Word
• Microsoft Excel
• Microsoft PowerPoint
• Microsoft Access
• Web-based applications
• EPICOR
• FRX
• Accrual accounting
• Financial statements
• Journal entries
• Account reconciliations
• Balance sheet analysis
• Profit and loss statements
• Written communication
• Oral communication
• Teamwork
• Customer service
• Problem solving
• Decision making

Location

• Remote

Work Type

• Full-time

Experience Level

• 3-5 years

Education Level

• Bachelor's degree

Salary/Compensations

• $84,968.00 USD - $114,712.00 USD

About the Company

• More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.

Equal Opportunity

• Equal Opportunity Employer/Veterans/Disabled